But care more about their opinions than our own."
- Marcus Aurelius
15 Deep Philosophy Quotes of "Marcus Aurelius"
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But care more about their opinions than our own."
- Marcus Aurelius
I seek the truth, which never harmed anyone:
The harm is to persist in one's own self-deception and ignorance."
- Marcus Aurelius
to breathe, to think, to enjoy, to love."
- Marcus Aurelius
- Marcus Aurelius
- Marcus Aurelius
- Marcus Aurelius
- Marcus Aurelius
But to escape finding oneself in the ranks of the insane."
- Marcus Aurelius
The happiness of those who seek pleasure fluctuates with moods outside their control;
But the happiness of the wise grows out of their own free acts."
- Marcus Aurelius
What fault of mine most nearly resembles the one I am about to criticize?"
- Marcus Aurelius
Now, take what's left and live it properly.
What doesn't transmit light creates its own darkness.”
- Marcus Aurelius
• Make time for stillness
• Master over your mind
• Practice decision-making skills
Work on your mental models. Practice critical thinking
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
